Malabar Gold and Diamonds, a leading jewelry brand in the Middle East, has opened its new base for international operations at the Dubai Gold Souq in Deira, Dubai. The new facility, the Malabar International Hub (M-IH), spans over 28,000 square feet and is designed to serve as the brand’s epicenter for current and future business aspirations.
The M-IH will house the brand’s functions, including a global centralized supply chain and all enabling and supporting roles for existing operations in GCC, the US, Singapore, and Malaysia. The facility will set the foundation for the group’s growth aspirations and ambitious expansion plans into the UK, Australia, Canada, Turkey, Bangladesh, and New Zealand.
The decision to set up its global base in the UAE comes after the Common Economic Partnership Agreement (CEPA) between India and the UAE. The agreement aims to boost economic cooperation and strategic ties between the two countries and create a favorable business growth and expansion environment.
The UAE is a strategic location for businesses looking to expand globally. Its central location, world-class infrastructure, and business-friendly policies make it an attractive destination for companies across industries. With its state-of-the-art facilities, the M-IH is expected further to strengthen its position in the international market and support its growth ambitions.
Malabar Gold and Diamonds is known for its exquisite jewelry designs and excellent customer service. With a presence in over ten countries, the brand has established itself as a leading player in the jewelry industry. The M-IH is expected to enhance the brand’s capabilities further and help it serve customers better.
In conclusion, the Malabar International Hub (M-IH) is an essential milestone for Malabar Gold and Diamonds as it looks to expand its presence globally. The new facility in Dubai is expected to serve as the epicenter of the brand’s current and future business aspirations and support its ambitious expansion plans. With the UAE’s favorable business environment and strategic location, the M-IH is poised to drive the brand’s growth and help it serve customers better than ever before.
The opening of the Malabar International Hub (M-IH) is a significant step forward for Malabar Gold and Diamonds, and it marks the company’s continued commitment to growth and expansion. With its cutting-edge technology, state-of-the-art facilities, and talented workforce, the M-IH is expected to become a crucial global hub for the brand’s operations.
In addition to its impressive size and facilities, the M-IH is also noteworthy for its focus on sustainability. The brand has taken great care to ensure the hub is built with eco-friendly materials and incorporates energy-efficient systems, such as solar panels, to reduce its carbon footprint. This commitment to sustainability reflects the brand’s values and aligns with global efforts to build a more sustainable future.
The Malabar International Hub is significant for Malabar Gold and Diamonds and the UAE’s economy as a whole. The new facility is expected to create job opportunities, drive investment, and contribute to the growth of the country’s jewelry industry. With its world-class facilities, the M-IH is expected to attract other businesses to the region, further enhancing the UAE’s reputation as a global business hub.
Overall, the Malabar International Hub (M-IH) is a game-changer for Malabar Gold and Diamonds, representing a significant milestone in the brand’s growth story. As the company expands into new markets, the M-IH is expected to be a vital link in the brand’s global operations, supporting its supply chain and customer service functions. With its focus on sustainability and innovation, the M-IH is poised to become a shining example of excellence in the global jewelry industry.